Will I be approved for an FHA loan with my current "income"?The following would be what I consider to be my channels of annual income: Mentor position ($4,000)Grants for school  Future income from tenants living with ...

As we come into fall, I was thinking about the next 2 rehabs we are starting that will include new furnaces, and I just had a Boiler installed at another property. The advice from the HVAC Guy that put the boiler in, ...

Hello,
I’m Michaela from Rhode Island. I’ve been reading the forums and I’m excited to learn more. I’m 23 years old, a recent college grad now working full time and pursuing my MBA. I’m interested in house hacking. I’...

Hi, everyone. I do have a rental but my probable foundation issue(s) are with my primary residence, which I had considered house hacking. I'm seeing more and more cracking around some windows and even in the brick/mas...

Hello.  Generally speaking, are profits earned within an LLC and either held or reinvested (within the same LLC) subject to taxation?  What about where the profits are applied for use in a different LLC.  I presume if...

Hey guys. I'm new to REI and am very interested in house hacking. After watching a few videos of rental analysis here on BP, I believe I have found a good property, but would like you guys to just take a look at these...

Have been looking at some properties in Joliet.... is anyone familiar with this area? How are the tenants? How is the rental market? Ive looked on zillow and there is not much for rent.... is it because they are snatc...

Hi Everyone, I have a very good condition (full gut renovation 5 yrs ago) single family house (4br/2ba) in a prime area of the west coast. I was in a hurry when originally renting and ended up renting the house to 3 y...

Anyone have experience good/bad with purchasing mobile homes in mobile home parks?  How do they cash flow generally?  Any problems with the HOA's?  How are renovations different in a mobile home than a regular house? ...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $630,000

Cash invested: $30,000

I was selling another property and used the 1031 exchange fund to put down th...